Financial and Managerial Accounting for health care

Utilizing the concepts learned throughout the course, you will write a Final Paper on one of the following scenarios:

1. Option One: You are in the role of a consultant with ten years experience in the health care insurance industry. A group of 20 doctors are considering forming a new medical group and have asked you to prepare a report on whether they should build a facility in an area within 30 miles of the downtown center of your 500,000 population city for $100 million dollars. Prepare a report for the management team of the doctor’s group on your proposed $100 million expenditure plan reflecting on the key course objectives including the financial, legal, alternative health care models, reinforced by your knowledge of strategic planning and capital budgeting.

2. Option Two: You are in the role of a chief operating officer. A board of directors has requested that you prepare a summary of the issues involved in a $50 million expansion. Because of local political and uncertain national medical care policy, to be elected national officials they may have to scale the expansion back to $25 million. Prepare a report for the management team of the doctor’s group on your proposed $25 to $50 million dollar expenditure plan reflecting on the key course objectives including the financial, legal, alternative health care models, reinforced by your knowledge of strategic planning and capital budgeting.

3. Option Three: You are in the role of a chief operating officer for a for-profit insurance company. A board of directors has requested that you prepare a summary of the issues involved in a potential reduction in U. S. medical insurance reimbursement of 40%. Prepare a report for the board of directors on how to best meet the impacts of the proposed funding cuts while still being sensitive to the needs and health of the community and your patients. Reflect on the key course objectives including the financial, legal, alternative health care models, reinforced by your knowledge of strategic planning and capital budgeting in preparing your response.

4. Option Four: You are in the role of a chief administrative officer for a large nonprofit health relief organization. A board of directors has requested that you prepare a summary of the issues about how to solve the health needs of an African country. Your organization has limited funding and will need to obtain subsidized medicine from major pharmaceutical companies. They also have the opportunity to get non generic, non USDA approved, alternative stem cell derived medication from foreign sources. Prepare a report for the board of directors on how to best meet the impacts of the proposed funding limitations while still being sensitive to the needs and health of the African nation. Consider the various economic, political, moral and health impacts for both the United States citizens who may have some of the health medication diverted to the African nation. Reflect on the key course objectives including the financial, legal, alternative health care models, reinforced by your knowledge of strategic planning and capital budgeting in preparing your response.

5. Option Five: Your role is as a public official elected at the local city level; 50,000 to 250,000 population. You have a $10 million dollar budget allocated to you by the city manager and can get up to 100% matching federal funds if you meet the federal standards. You have been asked by the mayor to determine how to allocate the budget to best support the needs of the city. These could include but not be limited to supporting capital requirements, operational requirements, and subsidizing nonprofit organizations or used as economic incentives to bring new private concerns into the city. Prepare a report for the mayor and city council on your proposed expenditure plan reflecting on the key course objectives including the financial, legal, alternative health care models, reinforced by your knowledge of strategic planning and capital budgeting.

Your Final Paper must be 15 to 20 double-spaced pages (excluding title and reference pages) and formatted according to APA style as outlined in the Ashford Writing Center. Utilize a minimum of 10 to 12 scholarly and/or peer-reviewed sources that were published within the past five years, including a minimum of five from the Ashford University Library databases.

Writing the Final Paper

The Final Paper:

Must be 15 to 20 double-spaced pages in length (excluding title and reference pages) and formatted according to APA style as outlined in the Ashford Writing Center.

Must have a cover page that includes:

Title of paper

Student’s name

Course name and number

Instructor’s name

Date submitted

Must include an introductory paragraph with a succinct thesis statement.

Must address the topic of the paper with critical thought.

Must conclude with a restatement of the thesis and a concluding paragraph.

Must use at least of 10- to- 12 scholarly and /or peer-reviewed sources, including a minimum of five from the Ashford Online Library.

Must document all sources in APA style, as outlined in the Ashford Writing Center.

Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.